2-bed · 1,500 sqftMeera Tower, Business Bay · 11th floor · completed 2022

1110, Meera Tower

Sold prices and rental history: sold once, by the developer in July 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1110 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 3.26M10 July 2023
Current rentAED 155K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1110, Meera Tower

What is 1110 worth today?

Last sold for AED 3,257,611 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Aug 2024RentedRenewal
AED 155,000/yr12 months · AED 104 per sqft
10 Aug 2023RentedNew contract
AED 150,000/yr12 months · AED 100 per sqft
10 Jul 2023Sold by developerReady
AED 3,257,611AED 2,171 per sqft
16 Apr 2022RentedRenewal
AED 112,500/yr12 months · AED 75 per sqft
16 Apr 2021RentedRenewal
AED 112,500/yr12 months · AED 74 per sqft
16 Apr 2020RentedRenewal
AED 112,500/yr12 months · AED 74 per sqft
16 Apr 2019RentedNew contract
AED 112,500/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
2-bed apartment
Size
1,500 sqft
Floor
11th of 44
Parking
B-194
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 28,500 /yr
Last sold
AED 3.26M · July 2023
Building
Meera Tower

About 1110, Meera Tower

1110 is a two-bedroom apartment of 1,500 sqft on the 11th floor of Meera Tower, a 44-storey tower in Business Bay completed in 2022 by Al Habtoor City Real Estate Development. The developer sold it on 10 July 2023 for AED 3,257,611, or AED 2,171 per sqft, in line with the AED 2,174 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 155,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 28,500 a year.

Sales and rents for 1110 over time

Sales
Unit 1110, each saleTypical two-bed in Meera Tower
3M3.2M2022202320242025Typical sale price by year: 2022 AED 3,221,026; 2023 AED 3,141,985; 2024 AED 3,024,189Sold by developer, July 2023: AED 3,257,611 (AED 2,171 per sqft)

1110 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1110, each contractTypical two-bed in Meera Tower
100K150K2018202120242027Typical rent by year: 2018 AED 127,500; 2019 AED 112,500; 2020 AED 95,000; 2021 AED 92,400; 2022 AED 92,400; 2023 AED 160,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 150,000New contract, April 2019: AED 112,500 a yearRenewal, April 2020: AED 112,500 a yearRenewal, April 2021: AED 112,500 a yearRenewal, April 2022: AED 112,500 a yearNew contract, August 2023: AED 150,000 a yearRenewal, August 2024: AED 155,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Meera Tower, and where 1110 sits

All 77 2-beds →

1110 last sold in July 2023 at AED 2,171 per sqft, in line with what two-beds in Meera Tower were fetching at the time (AED 2,174). Over the last 12 months two-beds sold for AED 2,675,000, around AED 2,093 per sqft, and rent for AED 105,000 to 200,000 a year. 1110's AED 155,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jun 20262,675,000
13 Oct 20253,250,000
30 Oct 20242,500,000
14 Oct 20243,106,305
1 2-bed sale in the last 12 months

Meera Tower

Building

160 apartments, 1-bed to 4-bed over 44 floors in Business Bay, completed in 2022 by Al Habtoor City Real Estate Development. 4 sold in the last 12 months.

Typical price per sqft
AED 2,066
Typical sale
AED 1.9M
Typical rent
AED 139K /yr
Typical yield
5.2%
Meera Tower, Business Bay: prices, sales and rents →

Other units on the 11th floor

All 160 units in Meera Tower
Value
11031-bedAED 2M · Mar 2023
11042-bedAED 3.11M · Feb 2023
11051-bedAED 1.81M · Nov 2022
11061-bedAED 2.17M · Mar 2023
11071-bedAED 2M · Mar 2023
11081-bedAED 1.78M · Dec 2022
11092-bedAED 2.69M · Jun 2023

1110, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 10 July 2023 for AED 3,257,611, or AED 2,171 per sqft.
  • Rented since April 2019 on 6 Ejari contracts, from AED 112,500 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 28,500 a year (AED 18.99 per sqft).
  • Two-beds in Meera Tower sold for AED 2,675,000–2,675,000 in the 12 months to November 2026; the building's median across all types is AED 2,066 per sqft.

Source: Dubai Land Department. Updated 10 August 2024.

Questions about 1110, Meera Tower

What did unit 1110 last sell for?

AED 3,257,611 on 10 July 2023, sold by the developer: AED 2,171 per sqft for 1,500 sqft. It is the only registered sale of the unit.

What is the rent for unit 1110?

AED 155,000 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 150,000; the unit has been rented since April 2019.

How big is unit 1110?

1,500 sqft (139.4 sqm): a two-bedroom apartment on the 11th floor of a 44-storey tower completed in 2022.

What is unit 1110 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Meera Tower sold for AED 2,675,000 to 2,675,000 in the last 12 months, around AED 2,093 per sqft.

Selling 1110? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1110, Meera Tower

Starts from the last sale price (AED 3.26M, 10 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,257,611
Deposit, UAE resident (20%)
AED 651,522
Deposit, non-resident (40%)
AED 1,303,044
Monthly over 25 years at 3.7%
AED 13,328

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →